SJB & Co Chartered Accountants
Coping with inflation, recession, and other financial challenges This update sets out some of the business and personal financial challenges for 2023-24, and a few ideas for countering these challenges. The challenges for business owners The combination of rising energy bills, high inflation, recession and climbing interest rates sets a grim stage for 2023-24. All […]
Which way to turn? Read More »
Reminder 31 July tax payments The second payment on account for self-assessment taxpayers is due by 31 July. You should have already received a reminder from HMRC of the amount due and how to pay. Clients unsure as to what to pay should contact us to confirm the amount due. Details of how to pay
Reminder 31 July tax payments Read More »
For a business to grow sustainably (and to successfully make it through the financial bumps in the road), cash flow needs to be a priority. And not just when times are tough and cash is tight. Making sure that you’re maintaining an optimal level of cash on hand at all times; this is essential to
10 ways to improve your business cash flow Read More »
Before COVID and Brexit disrupted the UK economy, we advised business clients to keep between three and six-months overhead costs in a cash reserve. This provided a buffer should firms experience a temporary dip in demand for their products or services. Businesses that adopted this strategy prior to 2020 will have made good use of
Managing cashflow now that COVID funding appears to be coming to an end Read More »
